Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

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I have decided we need a thread where those new to ASF or to the stock market can introduce themselves to the rest of the community. This way, we can avoid having 1,000 threads where people introduce themselves.

I have decided that this thread will be it! :)

So please, if you haven't already, feel free to introduce yourself!
 
TheAbyss said:
You picked a great week to start :cool:
Click to expand...

Indeed if you were ever to pick a week to start trading or investing, this would be.......the best by far.

All of the best practices for surviving in a declining market are being discussed. Don't rish out and buy stocks because you think you will miss out, there will be opportunities again to go long.

I joined last year after i started trading in May, and that experience along with the great members of ASF taught me many valuable lessons.

Read up, research, and read. Its your money, invest it wisely.

Welcome all, and good trading.

Cheers,
 
Agreed.

Research, reading, formulating a plan, company fundamentals, chart analysis, replaying your strategy, implementing your plan. Sticking to your plan, emotional control.
All play a part to investing your hard earned.
 
CanOz said:
Indeed if you were ever to pick a week to start trading or investing, this would be.......the best by far.

All of the best practices for surviving in a declining market are being discussed. Don't rish out and buy stocks because you think you will miss out, there will be opportunities again to go long.

I joined last year after i started trading in May, and that experience along with the great members of ASF taught me many valuable lessons.

Read up, research, and read. Its your money, invest it wisely.

Welcome all, and good trading.

Cheers,
Click to expand...

Another good lesson.

Check International Indicies before committing to a trade...
 
g'day all, i'm also fairly new to these pages but find them to be a great source of encouragement and information. this week creamed me on paladin, thought my stop was pretty well placed at 9.55 but a 1.50 drop on open was not in my thoughts, or many others for that matter. when it reached 9.50 early afternoon i thought i was safe, but got kicked again. boy, the education never stops, always something new.
 
swhmale said:
g'day all, i'm also fairly new to these pages but find them to be a great source of encouragement and information. this week creamed me on paladin, thought my stop was pretty well placed at 9.55 but a 1.50 drop on open was not in my thoughts, or many others for that matter. when it reached 9.50 early afternoon i thought i was safe, but got kicked again. boy, the education never stops, always something new.
Click to expand...

Hi All! I,ve only been trading for 20 months learnt a hell of a lot on this forum. One thing I've learnt is stop losses dont work for me. Why? well the market will prob bounce back before a bigger fall (history repeats) & you could have sold PDN at a profit, even if that's not the case as long as you didn't put all your eggs in one basket (silly) then Paladins' sp will recover eventually.
Don't take my word for it, try stop losses, work it out for your self. Just start small & work your way up. Take everything in, beleive nothing without testing it yourself.
PS: Never pay for advice, a system, a newsletter. :)
 
Yagshemash!

I've been exploring and educating myself with the market since March-April last year and experienced my first correction in may and what an experience! I lost a bit in panic, lack of emotional control, lack of experience and education and have to say that it'smade me more alert and motivated by loosing money... An expensive lesson...

I'm finding the education is a never ending process, depending on how deep you want to go, I'm sure you'll never stop...

My goals are:

Master my emotions and self control - Psychology
Establish a plan that has some disciplined flexibility
Understand charting and technical analysis without contradicting a fundamental view
Be patient - My impatience had lead me to disappointments
And keep learning something new daily
And make money!!!

I hope that being here and becoming an active member in open discussion, feedback and challenged criticism that it'll help the above goals and I'll become all more wiser... and wealthier...

Cheers guys...

B.
 
Yeah I'll introduce myself but it's like Borat ^ Is just like me... Scary... I do really convincing Borat impersonations too...

I'm really nervous about corrections like this one that's going on... I want the 50% CGT discount beacuse I'm optimistic about my returns this year but anything can happen so holding during the correction could be a bad thing... Why couldn't the correction just mind it's own business... :mad:
 
Hi,

Excuse the cheesy name, it's the best I could come up with. Trading, or doing something resembling it, since around April 05. Getting hammered this week, but I know I'm not alone.

Regards.
 
AnalysisParalysis said:
Hi,

Excuse the cheesy name, it's the best I could come up with. Trading, or doing something resembling it, since around April 05. Getting hammered this week, but I know I'm not alone.

Regards.
Click to expand...

lol, great name
 
Hi members, I'm Joseph, 25 years young from Melbourne.

I have been trading for around one and half years now but the first six months i was really gambling had no idea at all.

Corrections are great as long as thats all they are ha ha ha :D
 
Hi everyone.My name is peter and i am from Adelaide, 44 years old. Owned shares most of my life.My father was involved in the sharemarket and i think its rubbed off.Trying to sell a business at the moment so can then focus fulltime on stockmarket.Happy trading. :)
 
Hi I am also new (trading from home/Sydney for past 12 months) and found this forum only days before the current pullback so was sort of ready, but being new to the forum the information hadn't sunk in enough to be fully prepared. I managed to take profit on some shares, bought one lot at what I hope will be a bargain once the dust has settled and will sit with what I have in the red with hope that they weather the storm. Big lessons for me over the past few days but am not going to punish myself too much as it is all a learning curve and while I'm not taking much profit I'm not too far down. Things could be a lot worse. In the meantime like most of you I will keep on researching and learning. I come from corporate pharmaceuticals so the stock exchange/shares etc are a huge change for me. Good luck to all.
TB
 
Greetings all

Just started in Jan 07. Making all the mistakes. Paniced and sold PDN and took a big loss and then it bounced back. Am learning heaps from the forums. Nothing like losing your own money. :banghead:
 

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